These ideas were generated by business synergies for uganda investment authority sme. The uganda investment authority uia is a semiautonomous investment promotion and. Domestic direct investment refers to ownership of a business entity or investments in. Uganda s location astride the equator and the wonderful weather make it an all year round tourist destination. The executive director of the uganda investment authority uia, dr frank ssebowa, has blamed inefficiencies within government agencies for the poor world bank rankings. Security of investment is also guaranteed under the constitution of uganda and the investment code 1991, as well as the major international investment. Bonds and money markets are stable investment opportunities in uganda. A foreign investor is defined to mean a person who is not a citizen of uganda, a. The investment centre first floor, twed plaza plot 22b lumumba avenue, kampala, uganda phone and email call centre. And for high cost houses such as residential villas, apartment complexes, office complexes, and. A guide on tax incentives exemptions available to the. Ministry of finance, planning and economic development. After identifying an investment opportunity in uganda, contact ecoland property services uganda for an ideal property where to position your business. Uia uganda investment authority uma uganda manufactures association unhs uganda national household survey use uganda securities exchange utb uganda tourism board.
Ugandas telecommunication sector offers investors opportunities for direct. Additional business ideas have also been developed and added on to come up with the 250 business ideas constituting this report. A foreign investor is defined to mean a person who is not a citizen of uganda. The following are investment profiles of bankable projects in the infrastructure sector prepared by the uganda investment authority see. Investment code act, 2019 uganda journalists resource centre. This report referred to as the business ideas report has been prepared by business synergies for uganda investment authority sme department. The uganda investment authority is also conducting entrepreneurship training and business skills training for different target groups and the ministry of trade was reported to be in the process of reviving cooperatives through value addition technology. Parliamentary finance committee hails uia on industrial and business parks march 31, 2021 off. Promoting investment opportunities in the energy sector. All forms of business premises like stores or bigger offices etc. Your chamber exists to promote entrepreneurship and job creation in uganda, and ensure that uganda is a great place to do business.
Uganda investment authority, the investment center plot 28 kampala road p. A brief overview of the business climate in uganda is provided with profiles of 11 key sectors and a summary of market conditions, key demand drivers, a snapshot of investment opportunities as well as over 200 business ideas. This is another booming sector in uganda that investors can explore. Top investment opportunities in uganda business ideas africa. The initial business ideas have been refined and updated. Description of uganda investment authority 500 business ideas p. Foreign investors will need to obtain an investment license from the uganda investment authority uia. Uganda also has preferential access to thechinese markets. There are many unexploited lucrative business ideas in the trade sector that can make you a billionaire in a few years. As part of a broader socioeconomic assessment of covid19 undertaken by the united nations in uganda, uncdf in cooperation with makerere university the college of business and management sciences and with the support of the uganda revenue authority ura conducted in april 2020 a business survey of ugandan enterprises. Uganda investment authority, twed plaza, plot 22b, lumumba. First hand information on investment opportunities in uganda. Pdf uganda investment authority final report for generation.
In this article, we list 30 lucrative business ideas that you can embark on in 2018 so as to become a future billionaire. The agency maintains a national network of uia district focal point offices, throughout uganda. The mission of the uia is to promote and facilitate investment projects, provide serviced land, and advocate for a competitive business. Uganda investment authority provides guidelines on investment and government. Business b2b networking opportunities and other benefits to our members in trade, as well as those in manufacturing and industry. Final thoughts on investment opportunities in uganda. In no particular order, below are some of business ideas for startups that are recommended by uganda investment authority that can mint you money.
How to register a company in uganda business ideas africa. Uganda budget information ministry of finance, planning. Mission in kampala offers a number of commercial services that aim to promote. Consultations have also been made with various stakeholders including small and medium enterprises practitioners and associations to collect relevant information and data that has shaped the business. East africa business consultants are an award winning, reliable. Uganda investment authority and uganda insurers association to train over 900 smes the uganda investment authority and uganda insurers association signed a memorandum of understanding mou aimed at creating an enabling environment for doing business in uganda by especially strengthening the intersection between investment and insurance. Guide to investing in uganda uganda high commission to. The report is an output from initial business ideas.
Cotton tshirts are particularly for sports and casual wear. Uganda investment authority uia is the first point of contact for any potential investor for. Foreign companies will also be required to file company forms a19, a20, a21, and a22. This is mainly due to the ease of establishing such business and also for the opportunity to move the business wherever you want. Industrialfarmland or any form of investment land 2.
The tourism here focuses on landscape and wildlife. As a result, the annual growth rate of the economy over the last three decades has. These ideas were generated by business synergies for uganda investment authority sme department. It was in such circumstances that mfis were encouraged to come into play. Top 10 small business investment opportunities in uganda characterized by a landscape of new roads and buildings like shopping malls, hotels, and apartments, uganda is becoming one of the best places to do business in africa. Efforts have been made to ease investments, consequently, in the ugandan parliament in 1991, they came up with uganda investment authority uia, a one stop centreshop for all investors into uganda. Investment code act, 2019 uganda journalists resource.
You can start with a motorcycle to ferry passengers before expanding your business. Thus, investing on tourism and hospitality can be a good business idea. Sep 14, 2020 the following are the list of business ideas in uganda. For updates and latest info about covid19 situation in uganda, visit. Oscar g ofumbi, director, save my sme the panel this week. The minister illustrated her resolve to deal with youth. The government has continued to promote foreign investment through the uganda investment authority, the presidential investors round table and by minimizing macroeconomic policy shifts, which make doing business in uganda more predictable than in neighbouring countries. Uganda is a member of thecommon market for eastern and southern africa, an organisation representing380million people in 20 countries. For instance, you can but bonds worth 100,000 ush with an interest rate of 4% and a maturity date of 5 years. The compendium of diaspora investment business opportunities. The northeast of uganda is semiarid and therefore drier. Compendiumofinvestmentandbusinessopportunitiesvoli. Describing the ranking as a pity, ssebowa said government. Uganda investment authority business ideas pdf fill online pdf.
Mar 07, 2019 promotion, facilitation, monitoring and evaluation of investment and investors. Doing business in uganda market overview all figures in this report are the most recently available. Get uganda investment authority business ideas pdf form. To connect with uganda investment authority, log in or create an account. The two clearing and forwarding associations in uganda have signed an agreement paving way for close collaboration. The sme division of uganda investment authority supports and facilitates the development of msmes. These ideas are highly recommended by the uganda investment authority. If you want to secure your financial future, you should definitely think of a profitable investment in uganda. Uganda largely adheres to imfworld bank programs to fight poverty, and the government established the uganda investment authority uia as a onestop center for foreign investors. Support a strong business voice, join our network and discover why. The mission of the uia is to promote and facilitate investment projects, provide serviced land, and advocate for a competitive business environment. In some cases, data was available for 2015, but not yet 2014. Investment opportunities in uganda, business ventures in uganda. Food trucks have now become one of the most successful business ideas in uganda.
Hand in the documentation for processing at the business registry upon payment of registration fees. Assistance in securing other licenses and secondary approvals for investors. Constraints and opportunities for smes investment in ugandas oil. Setting up business in uganda has been made easy through uia, which is a one stop centre for investor. You can learn about the budget process on the budget basics pages. Mobile restaurant or food truck business in uganda. Business ideas in uganda list of profitable business. This business idea is for production and marketing of cotton tshirts. Uganda is the second largest impact investing market in east africa, after. Bankable projects, viable investment opportunity, 3rd. Chairman of the board of uganda investment authority.
Report on the implementation of the investment policy. Getting started with a young and rapidly growing population, extremely productive agricultural lands, a nascent oil sector, and a strategic location in the heart of east and central africa, uganda offers great economic potential. Uganda is a nation endowed with very significant resources that are natural by the way and with these resources it is believed that uganda can feed the whole of africa if it commercially farmed but due to some mostly political issues this is seeming to be a very difficult task. The business ideas are presented in the following sectors. The caa act requires the authority to prescribe charges and fees in respect of services on a cost recovery basis. The record in the utilities, infrastructure and financial services sectors is strong in terms of regulatory reforms, but mixed in terms. Uganda investment authority uia annual investment abstract fy 20162017 and uia records of investments and licensed chinese businesses in uganda, accessed. Uia would like to encourage smes in uganda that have. Welcome to our official website uganda clearing industry and forwarding association ucifa is the umbrella and apex body of all indigenous clearing and forwarding firms in uganda with a membership of 312 out of over 500 companies. You can start little money and grow your investment. After a company has been incorporated in uganda, it is eligible for an investment license. Aug 03, 2020 500 business ideas for ugandan entrepreneurs. Yoweri kaguta museveni, uganda has been able to be a political stabilising force in the region, which has provided a secure environment for business to thrive. It was nicolas appert who came up with the idea of storing food in jars with sealed lids.
Download the compendium of business ideas for smes. Finance directorate uganda civil aviation authority. Uganda investment authority offices, ms meg jaguar jakana foods, the vice president of the american chamber of commerce in uganda amcham, expressed her optimism about the growth and development of the agri business sector. Business ideas by uganda investment authority post navigation. The savings and investment rates in the economy have more than doubled over the last two decades. According to the uganda ureau of statistics, uganda s gross domestic product gdp was usd. In order to export from uganda, the investor needs to registerfor vat with the uganda revenue authority.
The uia was created by the ugandan parliament in 1991. They also show the scale of investment, production or output volumes, values and profitability are provided as key information in these ideas, believed to be the critical data necessary for making an investment business decision. He started his business empire with a single company. Uganda investment code act, 2019 by african centre for media excellence on scribd. Uganda investment law investment laws navigator unctad.
The landscape for impact investing in east africa uganda. Provides a comprehensive overview of doing business in uganda, and includes a wide range of information on the ugandan investment climate, sectors of opportunity, regulatory developments, and statistics on the ugandan economy. Uganda a leading investment destination contact information uganda investment authority, the investment center plot 28 kampala road p. Sses continued to face challenges as far as the accessibility of the savings services that they needed to facilitate their business operations was concerned. The icao policy on airport charges also emphasizes that airports users should ultimately bear their full and fair share of the costs of providing the airport. New centre to boost services to investorsuia board march 22, 2021 off. This business idea is for keeping bees for production of honey and bee wax. The business ideas development process has been under taken in close consultation with uganda investment authority. Uganda investment authority, in partnership with opportunity bank uganda ltd and african women entrepreneurship program uganda chapter, is having a womens day activity to share knowledge, mentor and encourage women through a virtual event on thursday 11th march, 2021 10.
Bankable projects, viable investment opportunity, 3rd edition, 20192020. East africa business consultants are an award winning, reliable, customercentric and innovative business consultancy firm in kenya with branch offices and business associates in burundi, congo, ethiopia, ghana, malawi, mozambique, namibia, rwanda, south africa, tanzania, uganda, zambia. In uganda, you can invest on fruits and vegetables. However, pervasive corruption and a sluggish, nontransparent bureaucracy continue to hamper foreign investments in uganda.
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